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  4. SK3 Group Inc. (SKTO) Message Board

I wrote several posts recapping news that the SEC

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Post# of 36729
Posted On: 06/17/2014 7:05:51 PM
Posted By: bellsandwhistles
Re: Budd Kind #35311
I wrote several posts recapping news that the SEC had set up a special 26-member Microfraud Task Force and that this team was especially focused on pot stock fraud. They've suspended 11 pot stocks since March 5, 2014. The very first one was AVNE, with its direct relationship to iequity and SKTO, thence sister AEGY. At that point, SKTO was probably on their radar. Later, we had the merger announcement of SKTO/AEGY, the $600K promotion, and OTCM refusal to uptier what with the cash-flow and attorney-letter snafu. And that Q&A just before Q1, a disaster, not to mention the subsequent Q1 which wrote off most all the reputed revenues, nixed any chance of collections from collectives, and popped down a monster $12mil loss. SKTO couldn't have made itself more of a target, begging for suspension. The SEC complied.


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